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ASE Technology Holding Co., Ltd. (symbol: ASX) is a leading provider of semiconductor assembly and testing services, headquartered in Kaohsiung, Taiwan. The company operates through three main segments: Packaging, Testing, and Electronic Manufacturing Services (EMS). ASE Group’s EMS segment is its top revenue generator, focusing on the design, manufacture, and sale of electronic components and telecommunication equipment motherboards.
The Packaging segment specializes in converting bare semiconductors into completed devices with enhanced electrical and thermal properties. Meanwhile, the Testing segment offers a comprehensive range of services, including front-end engineering, wafer probing, and final testing.
ASE Technology Holding Co., Ltd. is based in Taiwan but generates more than half of its sales from companies in the United States. The company has a global footprint, with advanced technological capabilities and a presence in countries such as China, South Korea, Japan, Singapore, Malaysia, Vietnam, Mexico, and Tunisia, as well as the United States and Europe.
Despite a competitive landscape, ASEH continues to innovate and expand. The company reported its unaudited net revenues of NT$154,167 million for 3Q23, reflecting a year-over-year decline of 18% but a sequential increase of 13%. Notably, the net income attributable to shareholders for the quarter was NT$8,776 million, down from NT$17,465 million in 3Q22 but up from NT$7,740 million in 2Q23.
For the full year of 2023, ASE Technology Holding reported unaudited net revenues of NT$581,914 million and a net income of NT$31,725 million. The company continues to deliver reliable, high-quality products and services, bolstered by a commitment to breakthrough innovations and advanced development programs.
For the latest updates and more information, visit the ASE Technology Holding Co., Ltd. website.
ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) reported Q1 2023 net revenues of NT$130,891 million, a decrease of 9% year-over-year and 26% sequentially. The net income attributable to shareholders fell to NT$5,817 million from NT$12,907 million in Q1 2022 and NT$15,730 million in Q4 2022. Basic earnings per share (EPS) were NT$1.36 (US$0.089 per ADS), down from NT$3.01 in Q1 2022. The company faced a decline in gross margin to 14.8%, down 4.4 percentage points from Q4 2022. Key segments showed varied performance: ATM revenues were NT$73,319 million, down 13% year-over-year, while EMS revenues plummeted 31% sequentially. Capital expenditures stood at US$231 million for the quarter.
ASE Technology Holding Co., Ltd. (NYSE: ASX) reported its unaudited consolidated net revenues for March and the first quarter of 2023. In March 2023, net revenues reached NT$45,775 million, a 14.5% increase from February but a decline of 11.9% year-over-year. For Q1 2023, total net revenues were NT$130,891 million, reflecting a significant 26.2% decrease compared to Q4 2022 and a 9.3% decrease year-over-year. Notably, net revenues from ATM assembly, testing, and material services were NT$25,771 million in March, up 11.2% sequentially but down 15.6% year-over-year. The company continues to face challenges in revenue generation amidst a fluctuating semiconductor market.
Advanced Semiconductor Engineering, Inc. (NYSE: ASX) has introduced its latest Fan-Out-Package-on-Package (FOPoP) solution aimed at enhancing performance in mobile and networking markets. This innovative packaging technology, part of the ASE VIPack™ platform, achieves a 3x reduction in electrical path and an 8x increase in bandwidth density, facilitating up to 6.4 Tbps of engine bandwidth. Benefits include lower latency, improved energy efficiency from 25pJ/bit to 5pJ/bit, and a 40% reduction in height compared to traditional packages. FOPoP addresses complex integration needs, making it crucial for the advancement of applications like 5G and silicon photonics.
ASE Technology Holding Co. (NYSE: ASX) reported unaudited consolidated net revenues for February 2023 amounting to NT$39,985 million (approximately US$1,327 million), reflecting an 11.4% sequential decline and an 8.8% year-over-year decrease. The ATM assembly, testing, and material sectors generated net revenues of NT$23,177 million (around US$769 million), a 4.9% decrease from January 2023 and a 10.8% decline compared to February 2022. The company notes that these results raise concerns regarding ongoing market conditions and competitive pressures within the semiconductor industry.
ASE Technology Holding Co., Ltd. (NYSE: ASX) reported its revised unaudited consolidated net revenues for December, Q4, and full year 2022. For December 2022, net revenues decreased by 11.6% sequentially to NT$ 53,139 million (US$ 1,736 million), and by 10.9% year-over-year. Q4 revenues were NT$ 177,417 million (US$ 5,652 million), marking a 5.9% decline sequentially and a 2.6% increase year-over-year. Full year revenues rose by 17.7% to NT$ 670,873 million (US$ 22,579 million). Significant revenue drop in ATM assembly and testing services was noted, impacting the overall performance.
ASE Technology Holding Co. Ltd. (ASX) reported unaudited consolidated net revenues for January 2023, totaling NT$45,131 million, a decline of 15.1% sequentially and 7.1% year-over-year. In USD terms, revenues fell to $1,477 million, reflecting a drop of 14.9% sequentially and 16.1% year-over-year. The ATM assembly, testing, and material business saw net revenues of NT$24,371 million, down 14.4% sequentially and 11.4% year-over-year. The company continues to navigate challenges in the semiconductor industry, with forward-looking statements highlighting potential market fluctuations and regulatory impacts.
ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) reported net revenues of NT$177,417 million for 4Q22, reflecting a 3% year-over-year increase but a 6% decline sequentially. Net income attributable to shareholders fell to NT$15,730 million, down from NT$30,916 million in 4Q21. Basic and diluted earnings per share for 4Q22 were NT$3.77 and NT$3.57, respectively. For the full year, net revenues reached NT$670,873 million, an 18% increase from 2021, with net income of NT$62,090 million. The gross margin for 4Q22 decreased to 19.2% from 20.1% in 3Q22, highlighting operational challenges amidst an evolving semiconductor market.
Advanced Semiconductor Engineering, Inc. (ASE) has been inducted into the World Economic Forum's Global Lighthouse Network, recognizing its Kaohsiung bumping factory as a leader in adopting Fourth Industrial Revolution technologies. This accolade highlights ASE's commitment to enhancing productivity, with a reported 67% increase in output and a 39% reduction in order lead times. ASE is among the 18 new GLN sites added, joining a total of 132 manufacturers globally. The company aims to drive digital transformation in smart manufacturing, optimizing technologies for a competitive edge in the semiconductor industry.
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